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NFP report will destroy USD

Non farm payroll report will be released today at 12:30 GMT. Among , the data which will be released is the unemployment rate. The data is very critical for the direction of the USD for the coming period.

My technical analysis for GBPUSD , EURUSD says the data will not be in favor for the USD.
IT says the market will be terribly bearish for the USD and we might see a huge rally in eur/usd today and next week , possibly targeting 1.20 level again.

Keep following for updates and lets see where the markets are going.
follow me on twitter for fast updates on the markets and keep checking the blog for trading recommendations.

Trading recommendations will be published shortly after the release of the data.
My twitter handle is :@b4borio

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